The US
has cut its 2019 Trade Deficit with China by $125.07 billion as of October 2019
using Tariffs. This is a 30% reduction accomplished in 10 months.
In 2018,
the US exported $120.15 billion to China and imported $539.68 billion from
China. The US Trade Deficit with China was $419.53 billion.
In 2019
so far, the US exported $87.65 billion to China and imported $382.11 billion
from China. The 2019 US Trade Deficit with China through October 2019 was
$294.46 billion.
The
US total Trade Deficit with all countries as of October 2019 was $724.2 billion. US Exports were $1,372.5 billion and US
Imports were $2,096.7 billion.
75%
of our foreign trade comes from out top 15 trading partners. We Import $1644.0
billion from these countries and Export $968.0 billion to these countries. The
US trade deficit with these 15 countries is $676 billion as of October 2019.
Our
top 15 trading partner countries by Deficit.
Country US Imports US Exports US Deficit
China $382.1B $87.6B $294.5B
Mexico $301.3B
$216.4B $84.5B
Japan $120.6B $61.9B $58.7B
Germany $106.8B
$50.7B $56.1B
Ireland $51.6B $7.5B $44.1B
Italy $49.7B $20.1B $29.6B
Canada $267.2B
$246.8B $20.4B
India $48.9B $28.6B $20.3B
Taiwan $45.0B $25.7B $19.3B
S.
Korea $64.6B $46.8B $17.8B
France $49.2B $31.5B $17.7B
Brazil $35.5B $25.9B $9.6B
Total
Trade Deficit
$672.6B
Our
top 15 trading partner countries by Surplus
Country US Imports
US Exports US Surplus
Vietnam $55.4B $9.1B $46.3B
Netherlands
$24.9B $42.4B $17.6
UK $52.5B $57.2B $4.7B
Total
Trade Surplus
$68.6B
Norb
Leahy, Dunwoody GA Tea Party Leader
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